“$2.5 Million Bridge Loan to Eden Renewables – Supporting the Deployment of Community Solar Projects
NY Green Bank’s $2.5 million bridge loan to Eden Renewables will finance the deposits made to National Grid to secure interconnection rights for a portfolio of community distributed generation solar projects in New York State. This transaction is expected to support up to 84 megawatts of solar assets in New York State and reduce up to 870,378 metric tons of greenhouse gas emissions annually, providing commercial and residential subscribers access to reliable, clean, low-cost energy.”
read the entire article
New York State Energy Research Development Authority 14 February 2020.